SEC Form 4 · accession 0000899243-18-006502

Nuverra Environmental Solutions, Inc. · NES

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Other

Period of report

Mar 2, 2018

Accepted (ET)

Mar 6, 2018 · 5:41 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001403853

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Mar 2, 2018	M	354,412	—	A	531,618	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F2	—	Mar 2, 2018	M	354,412	D	—	—	Common Stock	354,412	0	D

F1Restricted stock units convert to Nuverra Environmental Solutions, Inc. common stock on a one-for-one basis. Represents the conversion of restricted stock units to common stock on March 2, 2018.
F2On February 23, 2018, the reporting person was granted 531,618 restricted stock units, which vest in three equal installments on February 23, 2018, August 7, 2018, and August 7, 2019. The first installment vested on February 23, 2018, the date of grant, and was converted into common stock on a one-for-one basis. On and effective as of March 2, 2018 (the "Separation Date"), the reporting person left the issuer and, pursuant to a Separation Agreement and Mutual Release entered into between the reporting person and the issuer, the second and third installments vested on the Separation Date and were converted into common stock on a one-for-one basis.

Former Chairman & Chief Executive Officer